Souq Statistics and Facts (2021) | By the Numbers

Souq Statistics and Facts

Here are a few of the most interesting Souq statistics I was able to dig up. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.

Souq Statistics and FactsPlease note that some of these numbers are easier to find than others. A few of these Souq stats come from their own reports, but some are based on news reports and not official company tallies. Basically, this is the best I can find and I don’t guarantee anything to be 100% accurate.

Souq Facts:

  • Year founded: 2005
  • Headquarters: Dubai, UAE
  • Founder: Ronaldo Mouchawar
  • Parent company: Amazon

Souq Statistics:

Number of visitors:

over 11 million

Last updated 1/23/17

Amount Amazon reportedly purchased Souq for:

$580 million

Number of products Souq sells:

1.5 million

Last updated 1/19/17

Number of visits:

over 26 million

Last updated 1/23/17

Souq’s reported value:

$1 billion

Last updated 12/7/16

What is Souq? – the Middle East’s online marketplace.

We connect people and products – opening up a world of possibility. From bracelets and backpacks to tablets and toy cars – we give you access to everything you need and want. Our range is unparalleled, and our prices unbeatable.

Driven by smart technology, everything we do is designed to put the power directly in your hands – giving you the freedom to shop however, whenever and wherever you like.

We’re trusted by millions, because we don’t just deliver to your doorstep, we were born here. With you’ll always be getting a good deal – with exceptional service that makes your shopping experience as easy and seamless as possible.  (source)